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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does MAB stand for?
π‘ Hint: Think about a slot machine with multiple options.
Question 2
Easy
Name a use case of MAB in AdTech.
π‘ Hint: Consider how ads appear on websites.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the primary goal of Multi-Armed Bandits in AdTech?
- Maximize revenue
- Minimize costs
- Ensure equality
- Maximize user engagement
π‘ Hint: Think about what keeps users coming back.
Question 2
True or False: MAB is only useful for determining pricing strategies in AdTech.
- True
- False
π‘ Hint: Consider the broader applications of this approach.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Imagine you run a digital marketing campaign with three ads showing vastly different engagement rates. Design a MAB-based strategy that lets you explore new ads while still pushing the current best performer.
π‘ Hint: Consider the percentage splits for the exploration and exploitation phases.
Question 2
How can a recommender system use MAB to handle seasonal changes in user preferences, like the transition from summer to winter clothing?
π‘ Hint: Think about the timing of user engagement with products.
Challenge and get performance evaluation